When Intel reported that 43% of its new employees are diverse hires, the company was following its policy to report progress on diversity with complete transparency. According to an article in Fast Company, “The rationale behind keeping everything out in the open ranges from its ability to quell stress to and eliminate the gender pay gap. Intel is betting that radical transparency will help the company diversify its ranks.”
Last January, Intel’s CEO Brian Krzanich announced a $300 million, five-year plan to bring the company’s workforce to “full representation” by 2020. Of recent hires, 35% were women.